On monday the company announced that it won t be building any new coal fueled power plants as they continue to focus on and invest in.
General electric newsletter.
General electric shares were trading down 4 69 at 6 30 on monday during the time of publication.
Edison remained associated with general electric through his patents and consulting duties.
General electric ge has fallen 26 in last one year underperforms market if you are looking for the best ideas for your portfolio you may want to consider some of gds investments top stock picks.
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The company was incorporated in 1892 acquiring all the assets of the edison general electric company and two other electrical companies.
General electric is looking to get out of the coal business.
Considering general electric s 256 49 billion in total assets the debt ratio is at 0 32.
Edison general had been founded as the edison electric light company in 1878 by thomas alva edison to market his incandescent lamp and other later products.